Gold has had a beautiful parabolic run and last week just short of 11 to the earlier target set out at 2100. Once Gold hit 2089, it pulled back significantly. Enough to have pretty much an engulfing candlestick pattern with MACD turning to cross down. This week should tell clearly if this was Gold’s top. Still possible to have another attempt at the historical high, but likely to be consolidating if not pulling back hard.
Watch for it!
Watch for it!
